A School History of the United StatesMcMaster, John Bach
History
A School History of the United States
McMaster, John Bach
United States -- History
The originators of the national convention were the Antimasons. State
conventions of delegates to nominate state officers, such as governors
and congressmen and presidential electors, had long been in use. But
never, till September, 1831, had there been a convention of delegates
from all parts of the country for the purpose of nominating the
President and Vice President. In that year Antimasonic delegates from
twenty-two states met at Baltimore and nominated William Wirt and
Amos Ellmaker.
The example thus set was quickly followed, for in December, 1831, a
convention of National Republicans nominated Henry Clay. In May, 1832, a
national convention of Democrats nominated Martin Van Buren for Vice
President[1]; and in that same month, a "national assembly of young
men," or, as the Democrats called it, "Clay's Infant School," met at
Washington and framed the first party platform. They were friends of
Clay, and in their platform they demanded protection to American
industries, and internal improvements at government expense, and
denounced Jackson for his many removals from office. They next issued an
address to the people, in which they declared that if Jackson were
reëlected, the Bank would "be abolished." [2]
[Footnote 1: It was not necessary to nominate Jackson. That he should be
re-elected was the wish of the great body of voters. The convention,
therefore, merely nominated a Vice President]
[Footnote 2: For party platform see McKee's _National Platforms of all
Parties._]
%339. Jackson destroys the Bank.%--The friends of the Bank meantime
appealed to Congress for a new charter and found little difficulty in
getting it. But when the bill went to Jackson for his signature, he
vetoed it, and, as its friends had not enough votes to pass the bill
over the veto, the Bank was not rechartered.
The only hope left was to defeat Jackson at the polls. But this too was
a failure, for he was reëlected by greater majorities than he had
received in 1828.[1]
[Footnote 1: Of the 288 electoral votes, Jackson received 219, and Clay
49. Wirt, the Antimason, secured 7.]
%340. Jackson withdraws the Government Money from the Bank.%--This
signal triumph was understood by Jackson to mean that the people
approved of his treatment of the Bank. So he continued to hurt it all he
could, and in 1833 ordered his Secretary of the Treasury to remove the
money of the United States from the Bank and its branches. This the
Secretary[1] refused to do; whereupon Jackson removed him and put
another,[2] who would, in his place. After 1833, therefore, the
collectors of United States revenue ceased to deposit it in the Bank of
the United States, and put it in state banks ("pet banks") named by the
Secretary of the Treasury. The money already on deposit was gradually
drawn out, till none remained.[3]
[Footnote 1: William J. Duane. ]
[Footnote 2: Roger B. Taney. ]
Public-domain text, read in full here on John Shaqi.
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